Abraham Wreah LP9.1 assignment - Abraham Wreah National American University LP 9.1 Assignment Ethical Issue 10.1 When a business abuses ethical issue

Abraham Wreah LP9.1 assignment - Abraham Wreah National...

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Abraham Wreah National American University LP 9.1 Assignment: Ethical Issue 10.1 2/21/16 When a business abuses ethical issue, how is the independent contractor hurt? Well to begin when you are a normal employee you get several things that an independent contractor doesn’t. For example: Salary -which is the amount of money that you would get yearly, weekly or monthly. Wages - which is the amount of money you get per hour. Commission -which is a percentage of the amount that was sold. Bonus- which is paid to you when you work over the amount of hours that you are require to work. Benefits -which is health care insurance and life insurance. One of the main issues of being paid as contract labor is that you do not pay in employee Social Security and Medicare, and the company does not match it. So, the contract laborer is not saving for retirement as well. The contractor is hurt in a true tax way only if he or she does not pay estimated taxes. Let’s say an employer abuses it, and the person makes about $30,000 or more. Well, because the person

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